Examples of COD Target Date in a sentence
Buyer and Seller shall jointly develop the written Operating Instructions for the Project by no later than ninety (90) Days prior to the Project COD Target Date Extended.
If Buyer determines that Seller’s proposed recovery plan is not likely to restore the progress or completion of the Project during the Construction Period, Buyer shall have the right to require Seller to implement, or cause to be implemented, measures determined in its sole reasonable discretion to bring the Project back on schedule for achievement of the Project COD Target Date.
All excess costs for Seller to recover the Project COD Target Date will be to Seller’s account and Seller’s sole responsibility.
Within ten (10) Days after the end of each Month during the Construction Period of the Project, Seller shall deliver a written report to Buyer describing the schedule and current status of construction of the Project, including any potential Excused Failure Days or other events of material significance to Seller’s ability to meet the Project COD Target Date.
Additionally, if at any time Xxxxx believes that achievement of Project COD by the Project COD Target Date may be in jeopardy, Buyer may provide written notice to Seller.
Seller shall provide prompt written notice to Buyer if at any xxxx Xxxxxx becomes aware of actual or potential delays in the performance, progress or completion of the Project during the Construction Period that would jeopardize achievement of Project COD by the Project COD Target Date.
These towers provide cooling water to the 1,500 MW Brayton Point coal-fired power plant in Somerset, MA, at one time the largest coal-fired plant in New England with enough capacity to deliver power to 1.5 million homes.
Notwithstanding anything to the contrary contained herein, if the Project COD Target Date (as defined in the BOOT Contract) has not occurred on or before the Project COD Deadline, at any time after such date Lessor may terminate this Lease.
Buyer and Seller shall jointly develop the written Operating Instructions for the Project by no later than ninety (90) Days prior to the Project COD Target Date.
Buyer shall maintain the deposited amount in the Escrow Account as a down payment for satisfying the COD Liquidated Damages, if any, payable pursuant to Section 3.3(iv); provided, however, that if Seller achieves the Commercial Operation Date on or before the COD Target Date, Buyer shall return to Seller any Liquidated Damages paid by Seller pursuant to this Section 3.3(ii), without interest, within thirty (30) Business Days of the Commercial Operation Date.